Under the Fair Deal Scheme, a person pays a contribution towards their nursing home cost of care based on their means. The state will pay the balance.
The application process includes an assessment of care needs and a financial evaluation conducted by the HSE to determine the care costs payable by the applicant and the amount of funding they will receive. The Fair Deal works for individuals regardless of means and for those with limited savings and property, offers further assistance through the Nursing Home loan.
Tom Murray discusses the need for early succession planning in farming families to manage care costs and safeguard assets in The Irish Farmers Journal....
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